Tariff Threat

Trade negotiations between the United States and South Korea ended their first day in Washington without a resolution, South Korea’s Yonhap News Agency reported, after President Donald Trump warned of possible increases in tariffs on Korean exports. The talks are aimed at easing growing friction over the implementation of a trade agreement reached last year.

South Korea’s Industry Minister Kim Jung kwan met US Secretary of Commerce Howard Lutnick at the Commerce Department on Thursday, but officials from both sides stopped short of announcing any concrete progress. Kim is expected to return for further discussions on Friday as negotiators attempt …